Renting a timeshare from the owner has advantages and disadvantages. The primary advantage is the price. Renting a timeshare from the owner is usually cheaper and the owner doesn't have to charge you tax. A disadvantage is that if you cancel, you will lose all or part of the money that was put up for the timeshare.
Decide where and when you want to go and what size condo you need. Call the local chamber of commerce or tourist bureau and ask if they know of any timeshares to rent from the owner. Ask friends about timeshares they've rented. Go online and check the classified ads of local newspapers. Check eBay and Craigslist for any timeshares listed by owner.
Contact the owner about the availability and price of the timeshare. Find out about any security deposits and how much is expected up front and whether you have to prepay before arrival. What happens if you cancel? Ask for and give references. Exchange phone numbers.
Request a rental agreement in writing so each of you will know what's expected of the other. This can be done by faxing the documents.
Contact the resort after a deposit has been made to make sure the owner has reserved the timeshare for the dates requested and in your name.
Make final payment four weeks in advance so the payment will have time to get on the books. This will avoid a hassle when checking in.
Police the timeshare when you check in and make a note of any damage and notify the owner so you won't have to forfeit any of your security deposit. Check in and leave on the appropriate days.
